Listed real estate company Murano signs $500 million equity deal to promote Bitcoin strategic reserve plan

CoinVoice recently learned that according to CoinDesk, Nasdaq-listed real estate company Murano Global Investments (MRNO) announced the launch of a Bitcoin strategic reserve plan. The company has signed a $500 million standby equity subscription agreement, and the funds will be mainly used to allocate Bitcoin, and has purchased 21 BTC (about $2.1 million) as the first treasury asset. Murano Global also joined the "Enterprise Bitcoin Alliance" led by MicroStrategy and explored the access to Bitcoin payment and loyalty reward systems in the hotel business. Elias Sacal, chairman of the company, said that Bitcoin can both hedge against inflation risks and enhance the resilience of the balance sheet.